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Do monetary losses influence the way you make decisions going forward?

deucher

Chipi Chipi Chapa Chapa
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Mar 19, 2023
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The market has a significant impact on an investor's physical and mental health, so learning the fundamentals of both investing and emotion management is essential. This is because financial losses can have a negative impact on your general wellbeing and influence your decision-making. In my view, there are instances where people, after suffering a single loss, went on to make numerous poor choices in the future, which resulted in even bigger losses. As a result, long-term issues might arise that affect their health as well as their finances.
 
If I lost money with my existing asst, I will be more cautious with my next move. Losing money makes me more careful. Interestingly, if I profit I will also be more carefree, thus making mew prone to lose money
 

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